At the start of the year, Swiss hoteliers braced for the worst when the national bank scrapped the franc-euro exchange rate ceiling – making Switzerland an even more expensive island in the middle of the eurozone. Indeed, compared to 2014, the first half of 2015 saw a small decrease (0.6%) in room sales for Swiss hotels – with about 2% fewer foreign guests.

In July, however, sensational weather helped spark a 3.7% increase in overnight stays and 3.5% increase in foreign stays. However, August saw the very opposite results, with a 3.6% decrease in overnight stays and 5% fewer foreign guests compared to last year.

Over the past decade, Switzerland has been struggling to fill its hotel rooms. Between 2009 and 2011, overnight stays dropped by nearly 5% and fell another 2% in 2012 – before going up 2.5% the next year.

swissinfo.ch and agencies

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